Tax payable amount and itc adjustment in portal
This query is : Resolved
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Ranjeet Singh
(Querist)
19 May 2024
Can any body tell me what is the tax payable in this situation I don't know how to set off on the portal tax payable cgst - 29795 sgst - 29795 igst - 0
Itc opening balance - igst 4223
Current month itc - igst - 24949 cgst - 3210 sgst - 3210 please tell me and solve it
Itc opening balance - igst 4223
Current month itc - igst - 24949 cgst - 3210 sgst - 3210 please tell me and solve it
CA R SEETHARAMAN
(Expert)
19 May 2024
First total IGST opening and current month adjust 50% against cgst and 50% against SGST, then adjust current month cgst and SGST.
Pay the balance cgst and SGST.
Pay the balance cgst and SGST.
Ranjeet Singh
(Querist)
19 May 2024
Can you explain what is tax payable
CA R SEETHARAMAN
(Expert)
19 May 2024
Balance after deduction of ITC as explained above tax payable.
Can't you not work out.
Can't you not work out.
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